What do we have? 1) A pattern beloved by all boomers - Cup and Handle 2) Money printing because of covid and war 3) Mass draft and mobilisation of russian citizens who was serving in the army (90% of them did) happening since today 4) Potential North Korea and Russia Alliance to revenge for Korean War 5) Maximum panic and end of the world in the head of traders...
Hi Can you imagine what happens when the world goes into an undesirable war?
When the Russia-Ukraine conflict first broke out, world markets were in a complete shock. Equities fell and commodities rose as geopolitical tension became the dominant price driver. As fighting dragged on from weeks to months, other important factors took over. Besides the traditional supply and demand variables, we have witnessed a record shattering inflation...
Ladies and gentlemen, here we go again sell position 2000 PIP Target USD -JPY we going to the end of a dollar dominance and Japanese yen as a weak currency, reversal is near double top pattern on weekly supply and behind far behind price leave imbalance and price will come and fill it , dollar dominance is over , SELL USDJPY NOW
Expect orange range to hold as support for this here. Volume spikes after coming in suggesting it could be getting ready. Would be great if it held the top range but definitely doesn't have to. Nice that it coincides with the gap up on 16th of May. Looking for a swing here and this will be a ticker I'm going to be keeping an eye on for the rest of the year. Gaps...
We are at a really strong support line for BCO, this might be a good time to get in a long position for bco in anticipation of winter and energy problems. Main Reasons: RSI is way more oversold which increases likely hood that it will reject. Russia-Ukraine war. Winter Is coming to the Northern Hemisphere and energy prices will go up. You know nothing Jon Snow.
As we all know, Brent crude has been one of the strongest commodities for quite some time given all the supply issues from Russia/Ukraine and under investment. Oil has lost some critical technical levels losing both its horizontal support, rising channel as well as 200 day moving average. The market can be telling us two things, potentially, (1) there is some sort...
NASDAQ:CVAC I hope you have enjoyed the global lie called 'Democracy' spread by US and EU and enjoy the death of your friends and family, It was only to fill the pockets of those who donate money to political campaigns. Headlines: Nov 10, 2016: Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been Better (Forbes). Sep 24, 2018 :...
Nice short can be seen on Wheat. If you look at the daily timeframe we are in strong downtrend and keep squeezing to the level. Ukraine started exporting its grain again and first ship already sailed out of the port. One ship won't change much for the world, but fundamentally it's very important news for the market. That's why we can expect more fall in the...
Summary The surge in energy and agricultural commodities in the past 6 months had materialized into serious inflation even down to the consumer end across the globe. To cope with inflation, the Fed has begun to raise rate at an accelerating pace. The rise in the interest rate of the USD causes dysfunction of traditional risk haven such as Japanese Yen FX:USDJPY...
Fundamentals : Ukraine War and Russia's Oil Play Technicals : Price bounces from a Monthly trend for the 5th time that started in April 2020. Monthly 50 trendline bounce Monthly diagonal trendline bounce uHd
USDWTI H4 Another bearish wave incoming as we have just seen a little spike in the USD taking us above 107.00. Little bit of support incoming at $96.50/b. But near term targets still sit at lows of $90/b.
CBOT:ZW1! On June 15th, I issued an options trading strategy on CBOT Wheat Futures. At the time, I expected wheat price to experience a very large move but was unsure of its direction. Consequently, I recommended a Long Strangle options strategy : Purchase both an out-of-money (OTM) call and an OTM put on September Wheat Futures. The original trading idea may...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Recap: Our last time entering this thing was at $20 on 6/9/22! We carefully...
Until the rising of the tensions between Ukraine and Russia, I was bullish about Bitcoin because of the fundamentals and on chain analysis. Now that my hopes on a diplomatic solution fades as war is in fact happening, my vision tends to change to a more bearish scenario. So I made a very simple analysis based on price levels and volume and the head and shoulders...
The last time this happened was in 2018 but the market some how management to rally which resulted in a false breakout. In 2020 the market came back to this level and spiked around this area before turning into an almost 2 year rally. 2007 was a different story as market broke structure and the result was a sell of that lasted one year. What will happen in...
Yeah sure, you learn to add in the school ? MAYBE NOT. 🤣
Details on the chart. Long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only long only...